BNGE - ETF AI Analysis
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First Trust S-Network Streaming and Gaming ETF (BNGE)
Rating:65Neutral
Price Target:―
Positive Factors
Targeted Exposure to Streaming and Gaming
The ETF focuses on companies tied to streaming and gaming, giving investors direct access to a growing entertainment niche.
Global Diversification
Holdings spread across the U.S., Asia, Europe, and Australia help reduce reliance on any single country’s market.
Leading Industry Names in Top Holdings
The fund’s largest positions include well-known global media and gaming companies, which can benefit if the sector strengthens over time.
Negative Factors
High Expense Ratio
The fund charges relatively high annual fees, which can eat into returns over the long term.
Recent Weak Performance
The ETF has shown weak performance over the past month, three months, and year to date, signaling recent headwinds for the strategy.
Concentrated Sector Exposure
Most assets are in communication services and consumer cyclical stocks, making the fund sensitive to downturns in these specific areas.
BNGE vs. SPDR S&P 500 ETF (SPY)
AUM4.66M
RegionGlobal
Expense Ratio0.70%
Beta1.00
IssuerFirst Trust
Inception DateJan 25, 2022
Dividend Yield1.04%
Asset ClassEquity
Index TrackedS-Network Streaming & Gaming Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume396
30 Day Avg. Volume2,404
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
42.13Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BNGE Summary
BNGE is the First Trust S-Network Streaming and Gaming ETF, which follows the S-Network Streaming & Gaming Index. It focuses on companies tied to video games, eSports, and online streaming, aiming to benefit from the growing time and money people spend on digital entertainment. The fund holds well-known names like Nintendo, Disney, Sony, Netflix, and Roblox, giving investors a simple way to invest in this theme without picking individual stocks. Someone might invest for long-term growth and global diversification within gaming and streaming. A key risk is that it is heavily tied to entertainment and tech trends, so its price can swing a lot.
How much will it cost me?The expense ratio for the First Trust S-Network Streaming and Gaming ETF (BNGE) is 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a niche sector like video games and eSports, which requires specialized research and management.
What would affect this ETF?The BNGE ETF could benefit from the growing popularity of gaming and streaming platforms, as well as advancements in technology that enhance user experiences. However, it may face challenges from regulatory changes in key markets, economic downturns that reduce consumer spending on entertainment, or increased competition within the gaming and streaming industries. Its global exposure and focus on companies like Roblox, Netflix, and Nintendo position it well for growth but also make it sensitive to international market conditions.
BNGE Top 10 Holdings
BNGE is essentially a global bet on streaming and gaming, with a heavy tilt toward communication services names. Netflix is one of the brighter spots, recently rising and helping to steady the ship, while Electronic Arts and Take-Two look more mixed, with solid franchises but choppy stock action. On the flip side, Disney and Spotify have been losing steam, weighing on returns, and big Asian players like Tencent and Sony have also been lagging. Overall, performance is being driven by a concentrated cluster of media and gaming giants across the U.S., Japan, and China.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Netflix | 6.23% | $285.75K | $435.56B | 5.67% | 73 Outperform | |
| Electronic Arts | 5.44% | $249.37K | $50.69B | 39.31% | 70 Outperform | |
| Warner Bros | 5.30% | $243.31K | $67.93B | 241.52% | 68 Neutral | |
| Walt Disney | 4.76% | $218.17K | $179.24B | 19.51% | 75 Outperform | |
| Spotify | 4.71% | $216.10K | $103.76B | -8.21% | 66 Neutral | |
| Sony | 4.56% | $209.03K | ¥19.86T | -12.82% | 73 Outperform | |
| Aristocrat Leisure | 4.47% | $205.27K | AU$28.20B | -21.87% | 67 Neutral | |
| Netease Inc | 4.44% | $203.63K | HK$539.45B | 15.36% | 80 Outperform | |
| Nintendo Co | 4.42% | $202.67K | ¥9.56T | -24.11% | 63 Neutral | |
| Tencent Holdings | 4.42% | $202.66K | HK$4.43T | 9.56% | 75 Outperform |
BNGE Technical Analysis
Neutral
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Price Trends
31.60
Positive
34.44
Negative
36.54
Negative
Market Momentum
-0.16
Negative
58.61
Neutral
87.73
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BNGE, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 30.63, equal to the 50-day MA of 31.60, and equal to the 200-day MA of 36.54, indicating a neutral trend. The MACD of -0.16 indicates Negative momentum. The RSI at 58.61 is Neutral, neither overbought nor oversold. The STOCH value of 87.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BNGE.
BNGE Peer Comparison
Comparison Results
Performance Comparison
BNGE
First Trust S-Network Streaming and Gaming ETF
31.95
3.47
12.18%
EVX
VanEck Environmental Services ETF
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HERO
Global X Video Games & Esports ETF
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GAMR
Amplify Video Game Leaders ETF
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NERD
Roundhill BITKRAFT Esports & Digital Entertainment ETF
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ODDS
Pacer BlueStar Digital Entertainment ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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